Reply to How do I know if I am middle class?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]HHI is 230k. After 2 daycare expenses, a mortgage underwater, student loans- I'm definitely middle class in this area.  [/quote]

No, you're not.  [b]Middle Class is based on HHI [/b]-- not on the choices you made/make (i.e. to have 2 kids, to buy the house you bought, to take on the debt you took on).

In fact, many middle class families in the area don't even own a house because they couldn't afford to do so.

You make more than double the median salary for the region.  You don't think people making $80k have expenses (childcare, mortgage, student loans)?[/quote]

Wrong.  Class is based on much more than income.  It is also based on your level of education, your parents' level of education, your life style choices, your manners and your taste.  Income is only part of socio-economic class.[/quote]

No, when we're talking about middle class in terms of economics and we're talking about the U.S., we're talking HHI.  It doesn't matter what education, lifestyle choices or manners are.  We're talking cold hard numbers.

A guy with a high school diploma who likes NASCAR but makes some savvy business decisions, combined with luck, and manages to own a successful company, pulling in a high salary may seem "low class" to you but would still be upper class if his salary fit the definition.

We're not talking about the British, turn of the century concept of class and lineage.[/quote]

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